Admach Systems SME IPO Subscription
ListedUpdated 31 December 2025, 9:15 AM IST· BSE SME
Admach Systems SME IPO subscription closed on 26 December 2025 at 4.19x overall by shares. QIB demand came in at 1.55x, NII at 7.63x, and retail at 3.77x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 29 December 2025. Listing date on NSE and BSE is 31 December 2025.
Admach Systems SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Dec 2025 | 0.00x | 0.05x | 0.07x | 0.05x |
| Day 2 - 24 Dec 2025 | 1.44x | 1.61x | 0.90x | 1.22x |
| Day 3 - 26 Dec 2025 | 1.55x | 7.40x | 3.76x | 4.13x |
Admach Systems SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Admach Systems SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 3.77x | 1 in 4 |
| SHNI (Rs 2L to Rs 10L) | 3.71x | 1 in 4 |
| BHNI (above Rs 10L) | 3.58x | 1 in 4 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Admach Systems SME IPO Allotment Status page from 29 December 2025 for your result.
Admach Systems SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 239.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 9.12 Cr | Rs 14.12 Cr | 1.55x |
| FII | - | Rs 4.00 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 10.12 Cr | - |
| NII | Rs 9.09 Cr | Rs 69.33 Cr | 7.63x |
| bNII (above Rs 10L) | Rs 6.06 Cr | Rs 58.01 Cr | 9.57x |
| Corporate | - | Rs 2.44 Cr | - |
| Individual | - | Rs 55.27 Cr | - |
| Other | - | Rs 30.11 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.03 Cr | Rs 11.33 Cr | 3.74x |
| Corporate | - | Rs 12.91 L | - |
| Individual | - | Rs 10.76 Cr | - |
| Other | - | Rs 44.45 L | - |
| IND | Rs 17.22 Cr | Rs 64.93 Cr | 3.77x |
| Fixed price | - | Rs 64.93 Cr | - |
| Total | Rs 35.43 Cr | Rs 148.39 Cr | 4.19x |
Admach Systems SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 636 | 3 | 0.00x |
| FII | - | 1 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 2 | - |
| NII | 211 | 765 | 3.63x |
| bNII (above Rs 10L) | 141 | 505 | 3.58x |
| Corporate | - | 3 | - |
| Individual | - | 500 | - |
| Other | - | 2 | - |
| sNII (Rs 2L to Rs 10L) | 70 | 260 | 3.71x |
| Corporate | - | 3 | - |
| Individual | - | 247 | - |
| Other | - | 10 | - |
| IND | 600 | 2,264 | 3.77x |
| Fixed price | - | 2,264 | - |
| Total | 1,447 | 3,032 | 2.10x |
What Do These Subscription Numbers Mean?
4.19x overall by shares means bids covered about 4 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.55x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (3.63x by applications). Split: SHNI 3.71x, BHNI 3.58x by applications. SHNI and BHNI allotment is by lottery.
At 3.77x subscription by applications, about 1 in 4 retail applicants may get allotment (~27% chance per application). Retail allotment is also by lottery.
Admach Systems SME IPO GMP After Subscription
GMP for Admach Systems SME stands at Rs 11.00 today, giving an estimated listing price of Rs 250.00 per share.
A subscription of 4.19x combined with a GMP of 4.60% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Admach Systems SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Admach Systems SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 December 2025 |
| IPO Close Date | 26 December 2025 |
| Allotment Date | 29 December 2025 |
| Refund Initiation | 30 December 2025 |
| Share Credit to Demat | 30 December 2025 |
| Listing Date | 31 December 2025 |
| Minimum Investment | Rs 2,86,800.00 |
| Lot Size | 600 shares |
About Admach Systems SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Admach Systems SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Admach Systems SME Details
Issue size, price, financials, and company info
Admach Systems SME GMP
Live grey market premium and listing estimate
Admach Systems SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Admach Systems SME Allotment
Allotment date, chances, and check by PAN
Admach Systems SME Review
SWOT, strengths, risks, and IPO review
Admach Systems SME FAQ
Common questions on dates, GMP, and allotment
Admach Systems SME Registrar
Registrar website and how to check allotment
Admach Systems SME Timeline
Open, close, allotment, and listing dates
Admach Systems SME News
Updates, blogs, and latest IPO news
Admach Systems SME IPO Subscription FAQs
What is Admach Systems SME IPO subscription status today?
Admach Systems SME IPO subscription closed on 26 December 2025 with overall subscription of 4.19x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 1.55x, NII 3.63x, IND 3.77x.
What is the overall subscription of Admach Systems SME IPO?
Admach Systems SME IPO is subscribed 4.19x overall by shares at close on 26 December 2025. QIB 1.55x, NII 3.63x, and IND 3.77x.
What is Admach Systems SME IPO QIB subscription?
Admach Systems SME IPO QIB (Qualified Institutional Buyers) subscription is 1.55x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Admach Systems SME IPO IND subscription?
Admach Systems SME IPO IND subscription is 3.77x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Admach Systems SME IPO NII, SHNI, and BHNI subscription?
Admach Systems SME IPO NII subscription is 3.63x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 3.71x and BHNI (above Rs 10L) at 3.58x.
What are Admach Systems SME IPO retail allotment chances?
At 3.77x subscription by applications, about 1 in 4 retail applicants may get allotment (~27% chance per application). Allotment is by lottery.
What are Admach Systems SME IPO SHNI allotment chances?
At 3.71x subscription by applications, about 1 in 4 SHNI applicants may get allotment (~27% chance per application). Allotment is by lottery.
What are Admach Systems SME IPO BHNI allotment chances?
At 3.58x subscription by applications, about 1 in 4 BHNI applicants may get allotment (~28% chance per application). Allotment is by lottery. Share subscription was 9.57x. Allotment chances use applications, not share volume.
When is Admach Systems SME IPO allotment date?
Admach Systems SME IPO allotment date is 29 December 2025. Check Admach Systems SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Admach Systems SME IPO subscription close?
Admach Systems SME IPO subscription closed on 26 December 2025. No new applications are accepted after the close.
What is Admach Systems SME IPO GMP today?
Admach Systems SME IPO GMP is ₹11 today (+4.60% over issue price ₹239). See live GMP on the Admach Systems SME IPO GMP Today page.
What is Admach Systems SME IPO issue price and lot size?
Admach Systems SME IPO issue price is ₹239 per share. Lot size is 600 shares. Minimum investment is ₹2,86,800 per lot (minimum 2 lots for SME). Issue size: ₹40.47 Cr.
When is Admach Systems SME IPO listing date?
Admach Systems SME IPO listing date is 31 December 2025 on NSE and BSE. Allotment is on 29 December 2025.
How does subscription affect Admach Systems SME IPO allotment?
In Admach Systems SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 4.19x overall, competition is moderate.
For allotment results from 29 December 2025, visit the Admach Systems SME IPO Allotment Status page. For listing day updates on 31 December 2025, download the IPOwiz App.
Sources
We match Admach Systems SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.